State of Nevada Deferred Compensation Plan

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Nevada Deferred Comp


To help you achieve your financial and retirement goals, the State sponsors two retirement Plans. They are a deferred compensation plan and a FICA alternative plan. Both plans are administered as IRC section 457 deferred compensation plans. ING is pleased to be one of the two Plan providers.

ING has developed this custom website for employees eligible to participate in either of the State’s Plans. This website will provide you with access to your account information with ING and the ability to make account transactions. This site will also provide you with comprehensive Plan information, your investment choices with ING, frequently asked questions, retirement planning educational materials, interactive calculators and the services available from ING.

This website will be only one of the methods for you to receive information about the State’s Plans and your account with ING. Other services available include:
  • one-on-one meetings on a variety of issues, including enrollment, investment principles, and distribution planning
  • group meetings and seminars led by licensed representatives
  • investment education
  • toll-free access to a customer information center and 24 hour automated voice response unit (VRU) at (800) 584-6001; Customer Service Associates are available Monday – Friday 5:00 a.m. – 6:00 p.m. (Pacific Time)
  • timely account statements
  • informative newsletters
  • ongoing local service support from licensed representatives in your area.
Updates on Plan Features

The Roth contribution will be available to participants January 1, 2012. For more information, tune in to this short video presentation.

Morningstar® Retirement ManagerSM is available to you as part of Nevada Deferred Compensation’s (NDC) retirement plan. Watch the presentation to learn more!

Variable investment options offered through a funding agreement are intended as long-term investments designed for retirement purposes. Money taken from the annuity will be taxed as ordinary income in the year the money is distributed. Account values fluctuate with market conditions, and when surrendered the principal may be worth more or less than its original amount invested.

You should consider the investment objectives, risks, and charges and expenses of the investment options offered through a retirement plan, carefully before investing. The fund prospectuses and information booklet containing this and other information can be obtained by contacting your local representative. Please read the information carefully before investing

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Insurance products issued by ING Life Insurance and Annuity Company. Securities distributed through ING Financial Advisers, LLC (member SIPC), One Orange Way, Windsor, CT 06095-4774, or other broker/dealers with which it has aselling agreement.